v3.25.2
Segment Information
 6 Months Ended
Jun. 30, 2025
Segment Information [Abstract]  
Segment Information

NOTE 12 — Segment Information

 

The Group operates in a single operating segment and has one reportable segment, which includes all activities related to the development, marketing, and distribution of Australian-branded nutrition, health, and wellness products, as well as social media digital marketing and video production services. This determination is consistent with the condensed consolidated financial information regularly reviewed by the Group’s Chief Operating Decision Maker (“CODM”), who is the Group’s Chief Executive Officer.

 

The CODM evaluates performance and allocates resources based on consolidated net profit or loss. Segment assets are reported on a consolidated basis and are consistent with total assets presented in the condensed consolidated balance sheets.

 

The table below provides information about the Group’s segment:

 

   Three months ended June 30,   Six months ended June 30, 
   2025   2024   2025   2024 
Segment revenue  $190,025    34,870   $453,663    75,067 
Less:                    
Cost of service   (135,895)   
-
    (357,189)   
-
 
Cost of products   
-
    
-
    
-
    (593)
Wages, salaries & insurance   (19,712)   (12,380)   (36,720)   (29,309)
Lease expenses   (12,263)   (6,358)   (28,279)   (9,006)
Legal & professional fees   (2,852)   (2,486)   (20,787)   (6,767)
General expenses   (9,453)   (11,362)   (16,093)   (20,696)
Segment income from operations  $9,850    2,284   $(5,405)   8,696 
Reconciliation:                    
Interest income   12    15    12    15 
Foreign exchange (loss)/gain   (19,744)   (166)   (17,257)   254 
Other expenses   (38)   (19)   (72)   (303)
Income tax expenses   
–
    (2,383)   
–
    (5,545)
Net (loss)/profit before taxes  $(9,920)   (269)  $(22,722)   3,117